1 hour hold on online payments above ₹10,000: Will get a chance to cancel wrong transactions, RBI also suggested ‘kill switch’

1 hour hold on online payments above ₹10,000: Will get a chance to cancel wrong transactions, RBI also suggested ‘kill switch’

It may soon happen that your online transaction of more than ₹ 10 thousand may not be processed immediately. There may be a delay of 1 hour. This will give customers an opportunity to stop or cancel erroneous transactions. RBI has made this proposal to stop the increasing digital fraud in the country. RBI believes…

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Compensation up to ₹ 25,000 will be given in case of digital fraud: RBI’s new draft framework ready, suggestions sought on it till April 6

Compensation up to ₹ 25,000 will be given in case of digital fraud: RBI’s new draft framework ready, suggestions sought on it till April 6

Hindi News Business RBI Draft Framework: ₹25k Digital Fraud Compensation | 6 April Suggestions New Delhi11 minutes ago copy link The Reserve Bank of India (RBI) has released a new draft framework ‘Customer Liability in Digital Transactions’ to protect customers from fraud in digital transactions. Under this, if a customer faces digital fraud and reports…

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A Call, a Threat, a Transfer: What is a digital arrest and can a ‘kill switch’ stop it?

    A Call, a Threat, a Transfer: What is a digital arrest and can a ‘kill switch’ stop it?

    India is witnessing a rise in cases of ‘digital arrest’ and cyber fraud, where criminals impersonate police officers or officials from investigative agencies and coerce victims into transferring large sums of money. The idea was discussed by a high-level inter-departmental committee formed in December under the leadership of a special secretary of the ministry. The…

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    Fake SIM Cards Scam: Telecom officer held over thousands of fake cards as CBI busts phishing network

      Fake SIM Cards Scam: Telecom officer held over thousands of fake cards as CBI busts phishing network

      Published: 8:28 PM, Jan 8, 2026 | Updated: 8:28 PM, Jan 8, 2026 According to the CBI, a phishing network operating from NCR and Chandigarh was uncovered in December 2025. This network provided bulk SMS services to cybercriminals, including foreign actors, who used the platform to target Indian citizens. The investigations revealed that the criminal…

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      Razorpay Joins MHA To Boost Cyber Security Around Digital Payments Ecosystem

        Razorpay Joins MHA To Boost Cyber Security Around Digital Payments Ecosystem

        Bengaluru: The Fintech major Razorpay on Monday said it has partnered with the Ministry of Home Affairs (MHA) and the Indian Cyber Crime Coordination Centre (I4C) to boost cyber security around the digital payments ecosystem in the country. The collaboration aims to empower businesses and end-customers with critical knowledge to protect themselves while driving widespread…

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        Is AI The Real Threat To Jobs, Privacy? Expert Sheds Light On Critical Aspects

          Is AI The Real Threat To Jobs, Privacy? Expert Sheds Light On Critical Aspects

          New Delhi: AI is revolutionizing industries around the globe-from healthcare to the tech and creative industries-by automating tedious tasks and opening doors to new opportunities. While concerns about job displacement exist, AI offers avenues for growth through upskilling and the creation of roles that didn’t exist before. Ethical AI governance and public-private partnerships with appropriate…

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